1.Complexity in Using Blockchain Based Applications :
Users face difficulties in buying, selling, and holding cryptocurrencies due to complicated interfaces and processes.
Trust and Security Concerns:
Many users are skeptical about the security of their funds when using dapps and exchanges.
Limited Access:
Not everyone has access to traditional crypto exchanges or understands how to use them.
Solution
WhatsApp Chatbot Integration:
Utilize the familiar WhatsApp interface to conduct transactions, making the process user-friendly.
Crypto to Fiat On-Ramp and Off-Ramp:
Seamlessly convert cryptocurrencies to fiat currencies and vice versa instantly and without any complexity of gas fees and wallet management.
Secure and Trustworthy:
Built with top-notch wallet infrastructures that utilizes MPC and FHE technologies to ensure safe and instant transactions.
The major hurdle was/is the limitations of the interactive infrastructure provided by WhatsApp, that majorly affects multi-step/multi-input processes.
To work around the hurdle, we explored determining the appropriate response to user actions using a combination of progressive IDs (for specific actions) and regex patterns (especially with interactive elements).
The pattern of the IDs is designed to track the next step using a set of identifiers from the previous step.
For example the progressive ID to sell USDC (BASE) to a beneficiary with ID: 123, looks like:
sell:usdc-base|beneficiaryId:123
Tracks Applied (2)
PAYMENTS with Stripe
Technologies used
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